ADVERTISEMENT
  • Africa
  • World
  • Our Shows
    • Entrepreneurship
    • Destination Business
    • 101business TV Show
Business 360 News
  • Home
  • Africa
    • East Africa
    • West Africa
    • South Africa
  • News
    • Feature
  • Economy
    • Maritime
    • Agriculture
      • Agribusiness
    • Energy
      • Electricty
      • Oil
      • Petrol
      • Gas
  • Finance
    • Insurance
    • Tax
    • Real Estate
  • Capital Market
  • Tech
    • ICT
    • Solar Energy
    • Electric Vehicles
    • Blockchain
    • IoT
    • AI
    • EV
  • SMEs
    • Success Stories
    • Start-Ups
    • Entrepreneurship
  • Global Economy
    • UK
    • US
    • Russia
    • CHINA
    • Japan
  • Business 360 Weekly
No Result
View All Result
  • Home
  • Africa
    • East Africa
    • West Africa
    • South Africa
  • News
    • Feature
  • Economy
    • Maritime
    • Agriculture
      • Agribusiness
    • Energy
      • Electricty
      • Oil
      • Petrol
      • Gas
  • Finance
    • Insurance
    • Tax
    • Real Estate
  • Capital Market
  • Tech
    • ICT
    • Solar Energy
    • Electric Vehicles
    • Blockchain
    • IoT
    • AI
    • EV
  • SMEs
    • Success Stories
    • Start-Ups
    • Entrepreneurship
  • Global Economy
    • UK
    • US
    • Russia
    • CHINA
    • Japan
  • Business 360 Weekly
No Result
View All Result
Business 360 News
No Result
View All Result
Home Agriculture

FG Targets $74bn GDP Contribution From Livestock Sector Within 10 Years

Victoria Emeto by Victoria Emeto
January 21, 2026
in Agriculture, Business news
0
FG Targets $74bn GDP Contribution From Livestock Sector Within 10 Years

The Federal Government has announced plans to more than double the contribution of Nigeria’s livestock sub-sector to the nation’s Gross Domestic Product, raising it from $32bn to over $74bn within the next decade.

The Minister of Livestock Development, Idi Mukhtar Maiha, disclosed this on Tuesday in Ilorin during a livestock stakeholders’ engagement organised by the Kwara State Government. The event brought together more than 250 participants from across the livestock value chain.

Represented by his Special Adviser, Mr Mark Mbaram, the minister said the Federal Government was determined to reposition the livestock sector as a key driver of food security, job creation, and sustainable economic growth. He emphasised that food security is a vital component of national security, which informed the government’s decision to prioritise livestock development.

According to Maiha, the ministry has developed a National Livestock Growth Acceleration Strategy designed to improve productivity and significantly increase the sector’s economic contribution. He noted that the strategy has been internalised and approved by the National Economic Council.

As part of the reforms, a special committee has been established to focus on ranching as a sustainable and modern model for livestock development. The minister stressed that the era of open grazing and itinerant herding is no longer viable in today’s Nigeria.

He described ranching as the most practical and sustainable option for modern livestock production, adding that its adoption would reduce conflicts, improve efficiency, and support long-term growth in the sector.

Tags: #AgricultureNigeria#EconomicGrowth#FoodSecurity#LivestockDevelopment
Previous Post

World Economic Forum to Return Africa Summit to South Africa in 2027 After Seven-Year Hiatus

Next Post

FG Moves to Position Nigeria’s Intellectual Property as a Globally Competitive Asset

Victoria Emeto

Victoria Emeto

Next Post
FG Moves to Position Nigeria’s Intellectual Property as a Globally Competitive Asset

FG Moves to Position Nigeria’s Intellectual Property as a Globally Competitive Asset

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
FMDQ Exchange Admits Flour Mills of Nigeria’s ₦30.00bn Commercial Paper Notes

FMDQ Admits TSL SPV PLC ₦12.00 billion Series 1 Guaranteed Fixed Rate Infrastructure Bond to its Platform

March 11, 2021
NCAC inaugurates Creative Industry Sub-Committees

NCAC inaugurates Creative Industry Sub-Committees

September 20, 2020
#EndSARS: Protesters receive heavy gun fire at Lekki toll gate

#EndSARS: Protesters receive heavy gun fire at Lekki toll gate

October 21, 2020
SMEs in Nigeria must be ready to grow with or without Government …Evans Edozie, C.E.O., Cospharma Nig. Ltd.

SMEs in Nigeria must be ready to grow with or without Government …Evans Edozie, C.E.O., Cospharma Nig. Ltd.

September 21, 2020
‘The existence of a production hub in Nigeria will go a long way for the Fashion Industry’. FUNMI RUFAI LADIPO, President Fashion Designers Association of Nigeria.(FADAN)

‘The existence of a production hub in Nigeria will go a long way for the Fashion Industry’. FUNMI RUFAI LADIPO, President Fashion Designers Association of Nigeria.(FADAN)

25
Goldlink’s restructures board

Goldlink’s restructures board

10
Airtel Africa Plc gets admitted to the NSE Main Board

Airtel Africa Plc gets admitted to the NSE Main Board

6
Stallion Tank Farm resumes operations

Stallion Tank Farm resumes operations

3
Access ARM Pensions Surpasses ₦4 Trillion in Assets Under Management

Access ARM Pensions Surpasses ₦4 Trillion in Assets Under Management

January 21, 2026
FG Moves to Position Nigeria’s Intellectual Property as a Globally Competitive Asset

FG Moves to Position Nigeria’s Intellectual Property as a Globally Competitive Asset

January 21, 2026
FG Targets $74bn GDP Contribution From Livestock Sector Within 10 Years

FG Targets $74bn GDP Contribution From Livestock Sector Within 10 Years

January 21, 2026
World Economic Forum to Return Africa Summit to South Africa in 2027 After Seven-Year Hiatus

World Economic Forum to Return Africa Summit to South Africa in 2027 After Seven-Year Hiatus

January 21, 2026
Business 360 News

Business 360 News is a Business and Financial News Platform with an SMEs drive. Published by 360 Network Limited, and created with the aim of disseminating unbiased business stories to readers within and outside Nigeria, providing in-depth analysis of our stories from a critical perspective against the backdrop of realities, actualities, objectivity and balance.

Follow Us

Browse by Category

  • Africa
  • Agribusiness
  • Agriculture
  • AI
  • Art
  • Arts
  • Aviation
  • Banking
  • Blockchain
  • Business 360 Weekly
  • Business news
  • Business Travels
  • Capital Market
  • CHINA
  • Corporate
  • Cryptocurrency
  • Destination Business
  • East Africa
  • Economy
  • Education
  • Electric Vehicles
  • Electricty
  • Energy
  • Entertainment
  • Entertainment
  • Entrepreneurship
  • EV
  • Fashion
  • Fashion
  • Feature
  • Finance
  • Gas
  • Global Economy
  • Health
  • Hospitality
  • ICT
  • Insurance
  • IoT
  • Japan
  • Lifestyle
  • Luxury
  • Maritime
  • Meetings
  • Mortgage
  • News
  • NGOs
  • Oil
  • Petrol
  • Political Economy
  • politics
  • Real Estate
  • Real Estate
  • SMEs
  • Society
  • Solar Energy
  • South Africa
  • Sports
  • Start-Ups
  • Stocks
  • Success Stories
  • Tax
  • Tech
  • Tourism
  • Transportation
  • UK
  • Uncategorized
  • US
  • World

Recent News

Access ARM Pensions Surpasses ₦4 Trillion in Assets Under Management

Access ARM Pensions Surpasses ₦4 Trillion in Assets Under Management

January 21, 2026
FG Moves to Position Nigeria’s Intellectual Property as a Globally Competitive Asset

FG Moves to Position Nigeria’s Intellectual Property as a Globally Competitive Asset

January 21, 2026
  • Africa
  • World
  • Our Shows

© Business 360 News - Business, Finance And SMEs News | Design by Manifest!

No Result
View All Result
  • Home
  • Africa
    • East Africa
    • West Africa
    • South Africa
  • News
    • Feature
  • Economy
    • Maritime
    • Agriculture
      • Agribusiness
    • Energy
      • Electricty
      • Oil
      • Petrol
      • Gas
  • Finance
    • Insurance
    • Tax
    • Real Estate
  • Capital Market
  • Tech
    • ICT
    • Solar Energy
    • Electric Vehicles
    • Blockchain
    • IoT
    • AI
    • EV
  • SMEs
    • Success Stories
    • Start-Ups
    • Entrepreneurship
  • Global Economy
    • UK
    • US
    • Russia
    • CHINA
    • Japan
  • Business 360 Weekly

© Business 360 News - Business, Finance And SMEs News | Design by Manifest!